Business Daily from THE HINDU group of publications
Friday, Aug 01, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Friday, Aug 01, 2008 ePaper | Mobile/PDA Version | Audio |
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Money & Banking
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Financial Performance Corporate Results - Public Sector Banks Central Bank net dips 40% 
Our Bureau Thiruvananthapuram, July 31 Central Bank of India has suffered a 39.6-per cent decline in its net profit to Rs 59.32 crore for the quarter ended June 30 from year-ago levels. The bank had netted a profit of Rs 98.35 crore during the first quarter of financial year 2008, it said in a filing to the Bombay Stock Exchange on Thursday. The total income rose 37.27 per cent to Rs 2,572.53 crore during the quarter from Rs 1,874.02 crore in the year-ago period. Income on investments was at Rs 611.8 crore and other income at Rs 161.2 crore as at the end of the June quarter. The capital adequacy ratio stood at 10.01 per cent. Central Bank keen to raise more capital Central Bank aiming to win market pie Central Bank net falls 15% on high cost of deposits More Stories on : Financial Performance | Public Sector Banks
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